Live Breaking News & Updates on Asia June

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Asia-Pacific economies face escalating energy crisis | Hellenic Shipping News Worldwide

Lockdowns to limit the spread of COVID-19 in China, especially in Shanghai, disrupted the supply chains of vehicle makers, who were already dealing with a shortage of semiconductor chips. Market projections became more uncertain after Russia invaded Ukraine, as the latter was a key supplier of wire harnesses for vehicles to several European automakers. The . ....

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ASIA RESIDUAL FUELS: Key market indicators for June 20-24 | Hellenic Shipping News Worldwide

Marine fuel oil supply in Singapore is expected to remain tight June 20-24 amid a high gasoil crack spread, though the city-state is likely to receive a higher inflow of arbitrage cargoes in July than in June. However, high sulfur fuel oil supply is likely to remain ample in the week due to increasing inflows . ....

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